Kraken Daily Market Report for July 09 2020


Overview


  • Total trading volume at $188.2 million, moving the week-over-week average up by 7.6%.
  • Bitcoin and Ethereum prices were relatively stable until around 14:00 UTC, when there was a 2-3% drop. Prices slightly recovered.
  • Because of the timing of the drop, US traders were still making coffee and missed out: Euro trading volume was 52% of fiat trading.
  • Dogecoin was down 8.6%, which is only a fraction of yesterday’s gains. The heavier trading activity has improved Dogecoin’s bid/ask spreads (under 1% against USD and EUR).
  • Big gains today for Stellar (+6.1%), Atom (+6.9%), and Quantum (+5.5%); big losses for Siacoin (-9.2%) against USD.

July 09, 2020 
 $188.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9238.2 
↓2.1% 
$101.7M
ETH 
$242.01 
↓2.0% 
$26.7M
USDT 
$0.9997 
↓0.07% 
$11.9M
ADA 
$0.1240 
↓4.4% 
$11.5M
XRP 
$0.2025 
↓1.3% 
$9.09M
LINK 
$6.0802 
↓6.2% 
$7.43M
XLM 
$0.0903 
↑6.1% 
$5.78M
XDG 
$0.0043 
↓8.6% 
$3.9M
XTZ 
$2.5284 
↓4.6% 
$3.45M
BCH 
$238.05 
↓2.1% 
$2.0M
ATOM 
$3.7957 
↑6.9% 
$1.93M
USDC 
$1.0001 
↑0.01% 
$1.79M
LTC 
$44.345 
↓2.3% 
$1.73M
DAI 
$1.0189 
↑0.25% 
$1.26M
XMR 
$67.334 
↑1.7% 
$1.23M
EOS 
$2.6491 
↓1.0% 
$988K
TRX 
$0.0185 
↑3.5% 
$656K
ETC 
$6.6475 
↑0.4% 
$637K
ALGO 
$0.2415 
↓2.2% 
$630K
SC 
$0.0035 
↓9.2% 
$560K
QTUM 
$2.1303 
↑5.5% 
$548K
ICX 
$0.3889 
↓2.4% 
$530K
BAT 
$0.2615 
↓1.1% 
$464K
NANO 
$1.0359 
↓4.2% 
$399K
OXT 
$0.1687 
↓1.1% 
$328K
ZEC 
$56.889 
↓1.8% 
$308K
REP 
$19.272 
↓5.0% 
$283K
PAXG 
$1807.3 
↓0.4% 
$218K
MLN 
$12.973 
↓2.8% 
$203K
DASH 
$71.873 
↓1.2% 
$197K
OMG 
$1.5533 
↓3.9% 
$155K
GNO 
$25.789 
↓4.3% 
$152K
LSK 
$1.1951 
↓3.2% 
$102K
WAVES 
$1.1721 
↓3.2% 
$88.7K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (July 09 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 09 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 09 2020)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (July 09 2020)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 09 2020)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (July 09 2020)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (July 09 2020)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.



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